Manganese alloys and ore market summary Nov 21-25
2011-11-28 09:14:34 【Print】
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Chinese manganese alloys market moves stable with demand unchanged this week. Spot prices have stabilized at the current level . Many producers have shut down or reduced their output increasingly, resulting in a low operation cost in spot market . Producers, who remain in operation, are suffering a loss and they mainly watch the market before procurement prices released in December . Chinese imported manganese ore market remains soft with the light demand and sporadic transactions . Traders are worried about the future market, thinking the prices may dip further slightly . On international market, sluggish economy hits the manganese alloys market and prices stay at a low level with demand not improved for a long time.